I know this has been discussed but I still feel like I don't know the answer. We are from Canada and we are interested in buying somewhere in central Portugal.
We did find a couple of places that we are interested in and I reached out to the realtor.
The first property is older and needs work. The listing says that it has a habitation licence! It comes across as a good and exciting thing that seemingly has a benefit. I'm just not sure what that is yet.
The other property, the realtor says is exempt from a habitation license due to the properties age. It is also old and requires some work.
I'm having a hard time understanding what the purpose of the habitation license is. Or what the benefit is to having one?
Both properties, while they do need some work, seem livable. They look as though they need new floors, new kitchen cabinets, some paint... Etc.
We are not looking to turn the property into a short term rental. It would just be for us to have to use a month out of each year.
Are you able to buy an older property that is exempt from a habitation licence and then live in it while you fix it up?
If you are, then what exactly is the purpose or benefit of buying somewhere old that has the licence already?
Hopefully someone here could shed some more light on this for me!
On a side note, my wife and I are heading to Lisbon in a few weeks and can't wait to get away from the brutal winter we have had.